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    For Sale - 617 King Street, Waterloo, Ontario

    Est payment $24,007/mo
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    Views   3
    Time on Jump  13 day

    AI Summary *

    • Approx. 15,500-square-foot banquet hall on 1.5 acres, with four halls and 75+ parking spaces.
    • Fully renovated banquet space with existing bookings and potential to add a kitchen.
    • Large second-floor residence with separate entrance, five rooms, 2.5 bathrooms, and conversion potential.
    • Prominent main-road frontage with three entrances, near major retailers, hotels, and a highway.
    • C5-81 zoning supports a wide range of retail and other commercial uses.




    Vtb possible. Beautiful banquet hall approx. 15,500 sf building sitting on approx. 1. 50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it's located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2. 5 bathrooms and kitchen with large dinning/lounge area. 1km from highway 85. Located 500m down the street form conestoga mall and surrounded by all major retailers, hotels and big-box stores. Vtb available up to 65% with flexible open terms. C5-81 zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. Many uses are possible here. Everything from hotel to commercial school and funeral home (and many in-between)
    Listing IDX14125168
    Address617 King Street
    CityWaterloo, Ontario
    Price$4,999,500
    StyleCommercial Retail
    Land Size1.48
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitHeating / Cooling Other

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    Listing Brokerage: RE/MAX TWIN CITY REALTY INC.

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